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Nov 27, 2012
11/12
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the author of "get rich from obama" joins us. rebecca, i want to ask you, i'm kind of looking for optimism because i think the consumer spending numbers are pretty good. housing numbers are improving, but you do have this whacked out fiscal cliff. where do you stand on all of this? >> i think washington has the ability to give this economy momentum, new home sales are ticking higher and consumer confidence now at a five-year high, kind of amazing, so we have everything in place. just need to get rid of this congressional question mark overhanging everything, and then i think we could actually have an okay year next year. >> are you worried about business. the starry last week in "the journal" is how business investment was collapsing and capital goods have been falling and we're going to get a capital goods/durable goods report out tomorrow. if business doesn't invest they won't hire jobs and if they don't hire new jobs they won't have income to spend. what's your quick thought on that? >> i agree. it's a chicken and an egg. if t
the author of "get rich from obama" joins us. rebecca, i want to ask you, i'm kind of looking for optimism because i think the consumer spending numbers are pretty good. housing numbers are improving, but you do have this whacked out fiscal cliff. where do you stand on all of this? >> i think washington has the ability to give this economy momentum, new home sales are ticking higher and consumer confidence now at a five-year high, kind of amazing, so we have everything in place....
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Nov 22, 2012
11/12
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this is obama's economy. this is obama's issue. if obama wants it pass that in the house, he has it find a group of republicans that will peel off from the rest of the republicans and good along with the democrats it pass this other stuff. but otherwise, i don't see any incentive in the president's part to not extend a large portion of the tax cuts if he can. i don't think he ever wants it see the whole thing go over the cliff. >> i mean, you have to remember that he does -- as you guys have both suggested, he does want to extend a large portion of the tax cuts. that's 98% of them. it's the top 2% of house holds, that not only he, but a majority of the lek electorate and and the polls, and a nonpartisan poll keeper says in the 2013 if the top two rates expire, we are talking about a tenth of a percent on gdp. isn't that worth the cost of getting on a bitter budget path, guys? work with me here. >> jared, come on, help me here. these people you are raising taxes on are job creators. this is the worst group you could raise tax rates
this is obama's economy. this is obama's issue. if obama wants it pass that in the house, he has it find a group of republicans that will peel off from the rest of the republicans and good along with the democrats it pass this other stuff. but otherwise, i don't see any incentive in the president's part to not extend a large portion of the tax cuts if he can. i don't think he ever wants it see the whole thing go over the cliff. >> i mean, you have to remember that he does -- as you guys...
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Nov 16, 2012
11/12
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in the first term, president obama on the stimulus package and on obama care, there was no compromise. there was no reaching across the aisle. do you believe, sir, that in the second term president obama will change and will find common ground with republicans? >> well, larry, i'm an optimist. i believe that you need to give people a chance, you need to tell them you support them and then you need to hold them accountable. that's why i felt that i needed to send that message off to the president and to my representatives, really telling them that time is now. we can't wait any longer. we've got to do something. i'll support you, but i'll also hold you accountable and watch that it's happening. >> i want to have the same positive view you do, second term, clean slate, et cetera, et cetera. so when he read your letter with your very clear message about compromise and common ground between the two parties, do you think, steve, that he was sending a message -- sometimes presidents speak metaphorically, sometimes they speak symbol symbolically. do you think he was sending that message to t
in the first term, president obama on the stimulus package and on obama care, there was no compromise. there was no reaching across the aisle. do you believe, sir, that in the second term president obama will change and will find common ground with republicans? >> well, larry, i'm an optimist. i believe that you need to give people a chance, you need to tell them you support them and then you need to hold them accountable. that's why i felt that i needed to send that message off to the...
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Nov 13, 2012
11/12
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obama care. obama care. now, i know -- >> that's a major regulatory obstacle because if you move from 49 to 59 workers and don't have the right kind of health insurance you have to pay $2,000 per worker per year. the only way you can get out of it is by making the full-time workers part time and as a result they are going to be all these additional part-time workers for americans who want full-time jobs. it is absolutely outrage house is this why all these big companies, i mean, not just fast food companies. it is industrial companies and it is media companies and it is -- is this why they are already laying off workers? >> there are -- that's one reason. larger industrial companies that provide health insurance are going to find there are winners in ending their own health insurance and dumping their work others the exchange and paying the penalty. but it is -- low wage jobs. entry-level jobs. low-skill jobs. the kind that people need to get their foot on the first rung of the career ladder. those are reall
obama care. obama care. now, i know -- >> that's a major regulatory obstacle because if you move from 49 to 59 workers and don't have the right kind of health insurance you have to pay $2,000 per worker per year. the only way you can get out of it is by making the full-time workers part time and as a result they are going to be all these additional part-time workers for americans who want full-time jobs. it is absolutely outrage house is this why all these big companies, i mean, not just...
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Nov 15, 2012
11/12
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barack obama is not interested in compromise. keith, you just contradicted yourselves. >> mitch mcconnell has been the guy out there saying it, and all republicans are not willing to have any new tax increases. >> that's not true. there's a difference between raising revenues and raising taxes. >> no, i said tax increases, though. tell me, am i wrong about that, steve? >> no, you are wrong. >> when did he say differently? >> look, i interviewed him this week. he said it many times. he said it on the senate floor. we're willing to compromise on raising taxes. that's something that a lot of republicans aren't real happy with, but he said look, i'm willing to put revenues on the table. but what he's saying, keith, let's be very clear. >> you're saying revenue. i'm saying tax increases. >> right. >> the bush tax rates -- no, i'm talking about bush tax rates. they expire on december 31st contin. >> that's what republicans won't agree to. the answer is no, we're not going to let those rates go up because it's going to do significant da
barack obama is not interested in compromise. keith, you just contradicted yourselves. >> mitch mcconnell has been the guy out there saying it, and all republicans are not willing to have any new tax increases. >> that's not true. there's a difference between raising revenues and raising taxes. >> no, i said tax increases, though. tell me, am i wrong about that, steve? >> no, you are wrong. >> when did he say differently? >> look, i interviewed him this week....
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Nov 6, 2012
11/12
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president obama: i'm barack obama and... i approve this message. try running four.ning a restaurant is hard, fortunately we've got ink. it gives us 5x the rewards on our internet, phone charges and cable, plus at office supply stores. rewards we put right back into our business. this is the only thing we've ever wanted to do and ink helps us do it. make your mark with ink from chase. a short word that's a tall order. up your game. up the ante. and if you stumble, you get back up. up isn't easy, and we ought to know. we're in the business of up. everyday delta flies a quarter of million people while investing billions improving everything from booking to baggage claim. we're raising the bar on flying and tomorrow we will up it yet again. >>> of course, weather can be a game-changer on election day and historically, republicans should be praying for rain. i don't agree with that but that's the historic view. more to the point, here's is paul walsh, vice president of weather analyticth at the weather company. paul, what's the threat here? what's the s
president obama: i'm barack obama and... i approve this message. try running four.ning a restaurant is hard, fortunately we've got ink. it gives us 5x the rewards on our internet, phone charges and cable, plus at office supply stores. rewards we put right back into our business. this is the only thing we've ever wanted to do and ink helps us do it. make your mark with ink from chase. a short word that's a tall order. up your game. up the ante. and if you stumble, you get back up. up isn't easy,...
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Nov 10, 2012
11/12
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obama can let the tax cuts expire. my guess is he'll start talking immediately, maybe next week about proposing, you know, sustaining the tax cuts for everybody except the top 2% and he can let the tax cuts expire and do the same thing and then republicans will try to essentially block a tax cut for '98% and 99% of the american people and the only choice is how he chooses to approach the debt limit and obama would be a fool if he lets them use it the same way. my bet is if the white house faces the clinton option and the debt limit's unconstitutional and we're lifting it, if you don't like it, see you in court. >> how long, do you think, we're in early november. how long do you think this era of compromise and common ground will last? >> i think that any deal isn't going to happen until the last hours of december. so, and it's going to be a short term deal and i would bet that they are looking for a way to kick the can down the road again rather than taking up the big issues in the short period of time. >> in that sens
obama can let the tax cuts expire. my guess is he'll start talking immediately, maybe next week about proposing, you know, sustaining the tax cuts for everybody except the top 2% and he can let the tax cuts expire and do the same thing and then republicans will try to essentially block a tax cut for '98% and 99% of the american people and the only choice is how he chooses to approach the debt limit and obama would be a fool if he lets them use it the same way. my bet is if the white house faces...
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Nov 2, 2012
11/12
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the obama administration eliminated that. they've changed the rules and that has allowed many, many people in. a big example i'd like to look at is unmarried people. for some strange reason, unmarried people have fallen much farther below unemployment than married people. they have a lot better access to these programs. >> have the work requirements been removed, casey? is that a problem? the work requirements? is it too easy to go on safety net programs? >> that would be one of a dozen things that has happened. that's one of the factors. >> may i respectfully interject here? i don't know what professor mulligan is talking about. there's still three people looking for every job opening. when you have three people looking for every job opening you want to have safety nets there for people. it's not only fogood for the people but puts money in their pockets to buy things and keeps other people employed. this is economics 101. >> now there are millions of people who can make just as much by not working. that's a bad situation. >
the obama administration eliminated that. they've changed the rules and that has allowed many, many people in. a big example i'd like to look at is unmarried people. for some strange reason, unmarried people have fallen much farther below unemployment than married people. they have a lot better access to these programs. >> have the work requirements been removed, casey? is that a problem? the work requirements? is it too easy to go on safety net programs? >> that would be one of a...
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Nov 17, 2012
11/12
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do you think obama doesn't get that? you really think he's going to try to play both sides against the middle? >> no, i -- look, he does get it. he talked to the israeli prime minister. i have confidence that the americans understand that israel cannot tolerate these types of missile attacks. and for all intents and purposes i suspect that the administration gave the israelis a green light. but of course they're concerned, as the israelis are, over what may happen if they in effect cause the egyptians to act against them. and that's the red line that no one understands yet. what may happen if the israelis march in with significant military force on the ground. and you and i are afraid to -- they don't know the answer at we will see. anyway, ambassador mark ginsb g ginsberg, thank you very much for walking us through all of that. >>> now, how's this for a great deal? listen to this. the government gives you $249 million. you go under. but then the government gives you another million just anyway while you go under. can yo
do you think obama doesn't get that? you really think he's going to try to play both sides against the middle? >> no, i -- look, he does get it. he talked to the israeli prime minister. i have confidence that the americans understand that israel cannot tolerate these types of missile attacks. and for all intents and purposes i suspect that the administration gave the israelis a green light. but of course they're concerned, as the israelis are, over what may happen if they in effect cause...
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Nov 20, 2012
11/12
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that's where obama will need to go. no matter how high he raises the income tax rate it will not generate the revenue and he will end up hitting the poor. >> is he channelling an inner obama here? you hear a lot of things and see columns. many want 70, 80% tax rates. economists who want a value added tax to finance higher spending and surely mr. obama wants to raise marginal tax rates. is there an inner kreugman that is channelling obama and the second term. >> it's interesting. when obama says go back to clinton rates he means go higher than the clinton rates. and you also have to remember that obama on the campaign trail was saying just a little bit more and now he's saying 1.6 trillion, a number he never told the american people about. his tax ambitions are considerably higher. a little of what is going on is he is trying to define a left flank for obama to make him look more reasonable than other voices out there. some of it is tactical. >> i know many don't believe in the incentive model. that if you keep more of w
that's where obama will need to go. no matter how high he raises the income tax rate it will not generate the revenue and he will end up hitting the poor. >> is he channelling an inner obama here? you hear a lot of things and see columns. many want 70, 80% tax rates. economists who want a value added tax to finance higher spending and surely mr. obama wants to raise marginal tax rates. is there an inner kreugman that is channelling obama and the second term. >> it's interesting....
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Nov 1, 2012
11/12
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romney, obama, tied at 49%. so joining me now for an exclusive interview is governor scott walker, republican from wisconsin. governor walker, as always, sir, welcome back to the "kudlow report." we appreciate it. they're tied at 49% which is something of a surprise. the republicans strnts taken the state of wisconsin in a presidential election since 1492. so how does it look, how do you see it right now? >> well, i was out in green bay, wisconsin nearby where the president was today. i've been all over the state the last couple days. momentum is clearly on our side. and you expect that out of somebody advocating for candidates, but i've really seen it. we made 4.5 million voter contacts leading up to the june 5th election. we won by a bigger mar begin than we did in 2010. and that basis of support hasn't let up, that converted over to mitt romney, it got inspired when paul ryan was added to the ticket. but most importantly, the day after mitt romney had that impressive first debate in denver, we saw the phone l
romney, obama, tied at 49%. so joining me now for an exclusive interview is governor scott walker, republican from wisconsin. governor walker, as always, sir, welcome back to the "kudlow report." we appreciate it. they're tied at 49% which is something of a surprise. the republicans strnts taken the state of wisconsin in a presidential election since 1492. so how does it look, how do you see it right now? >> well, i was out in green bay, wisconsin nearby where the president was...